- Vimeo OTT helps YouTubers launch subscription platforms.
- Creators can monetize content, offering exclusives to paying subscribers.
- Converting 1-5% of free subscribers to paid is key to success.
Goodbye, free rides! hello, subscription vibes!
YouTube creators like Dropout, The Try Guys, and Watcher are turning to Vimeo’s content-monetization service, Vimeo OTT, to launch subscription platforms.
These branded channels allow creators to monetize their existing and future video content, resembling standalone streaming platforms.
Vimeo OTT powers branded subscription-based sites and apps for various YouTubers and shows, offering a more upscale, Netflix-like experience for fans.
Creators can provide ad-free content, exclusive merch, and never-before-seen footage to their paying subscribers, creating a new revenue stream alongside their free YouTube content.
Engage, entertain, and rake in the dough
To profit from subscriptions, creators need to convert 1% to 5% of their free YouTube subscribers to paying subscribers, Vimeo OTT’s Rich Bloom says.
The company charges creators a fee based on factors like audience size, features, and customer support, starting at $15,000 for a basic web-only service.
Vimeo OTT works best for creators who are part of larger groups producing high-quality content at scale.
Strategies like releasing content early, hosting members-only livestreams, and sharing behind-the-scenes footage have proven successful for creators using the platform alongside their free YouTube channels.